Iacono Shares Insight on the Return of CLOs
Of the various vehicles for financing, CLOs have recently gained robust traction in commercial real estate’s capital markets, highlighting the flexibility and diversity it offers as asset conditions continue to change. Crescit Capital Strategies CEO Joseph Iacono discusses what CLOs mean and how they are able to compete in today’s market.
“CLOs are really a vehicle to finance a lender’s loan portfolio where CMBS tend to take on more sale-like characteristics.”
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